The Business Times, 1 August 2000
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2000-08-01
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The Business Times
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Title Section16 2000-08-01 1 THE BUSINESS TIMES MITA (P) 035/12/1999 Internet: http:/7business-times.asial .com sg/ SINGAP ORE TUESDAY, AUGUST 1, 200016 words
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Article77 2000-08-01 1 STI 2J08U2 (+12.19) BT-SRI 79L73 (-0.82) ST INDEX FUTUBES 2,067.00 (+16.00) SIMSCI FUTURES 27L70 (+2.70) STOCK MARKET INDICES Monday Change KLSE OOMP ***** 428 NIKKEI m 14,727.48 -11L86 HANG SENG 18,***** ***** SET INDEX 284.17 4M JAKARTA COMP —***** -Ml MANILA OOMP 1,417.17 1951 TA1PB WP1 8,***** -29.0177 words
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Article75 2000-08-01 1 FOSEX RATES uss s$ USS 1.714 £(US$/S$ per 1JOO 1601 EUROfliS$/S$/E) SJ24 1.602 DM 1118 1521 YEN lOli 1584 RM 3.800 1191 HKS 7.798 4.497 BAHT 41.47 2191 RUPIAH 8586 0.019 •stio 100 units PRIME SATES SINGAPORE* 5.80 KUALA LIWPUR 7.67 JAKARTA .39.00 BANGKOK .9.50 MANILA 11.00 HONGKONG 8.5075 words
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984 2000-08-01 1 Kalpana Rashiwala - Revamp effectively halves the differential premium paid to change plot ratio, land use By) Kalpana Rashiwala [SINGAPORE] The government yesterday revamped the differential premium system, effectively giving property developers a 50 per cent discount on what they have to pay for a change984 words
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915 2000-08-01 1 Marissa Chew - Group also reveals designated heads of 6 new core businesses By] Marissa Chew [SINGAPORE] DBS Land, which intends to merge with Pi**mco, yesterday announced a 24 per cent fall in interim net earnings. The two companies also unveiled the chief executive-designates915 words
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701 2000-08-01 1 Audrey Tan - Job tennre shorter, more firms going for contract workers and paying staff with stock options By Audrey Tan [SINGAPORE] Signalling that there could be changes in the pipeline to the Central Provident Fund scheme, the board's chairman Ngiam701 words
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94 2000-08-01 1 AFP [HONGKONG] A female worker at Hongkong's international airport was taken hostage late yesterday, local television reported. TV Pearl reported that a man who had arrived at the airport from Japan via Taipei had taken a female staffer at the airport prisoner andAFP - 94 words
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Page 1 Advertisements
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Advertisement92 2000-08-01 1 msPE Corporate ranking July market cap ranking of Singaporelisted companies, Pg* 7 8k 8 Top stories HSBC scores with 31% rise in interim profit. Pg 18 UK-based building materials giant Hanson on shopping spree to expand Asia-Pac business. P*9 Investors warm up to rush of M'sian IPOs. Pg 13 MMC92 words
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Advertisement143 2000-08-01 1 BT COMMENT Lee Han Shih on the Pg 12 CORPORATE TIDBITS CV r >_ < Pidemco's president Liew Mun Leong can't i aseem to get enough mI Pg 4 < Any questions for Liew Mun Leong and Ed Nq 9 Email us at btnews@sph.com.sg and we will forward your questions143 words
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Advertisement18 2000-08-01 1 Ptdemoo, DBS Land troop out new top guns, Pg 4 A look at the bigger picture, Pg 418 words
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NEXT page
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ON THE grapevine
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Article138 2000-08-01 2 DESPITE continuing jitters about flying on the Concorde after last week's tragic accident, a BT online poll finds our website readers fairly unfluttered. Our latest show of hands revealed the following response to the question: Were you shaken by news of the horrific Concorde crash?138 words
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Article118 2000-08-01 2 US-BASED BBC commentator Alistair Cooke an institution in his own right finished a piece on the US presidential nomination conventions with a curious non sequitur about golfing 1 s greatest. "Now, we have a player who, in the past 15 starts, as they say in racing, has118 words
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Article62 2000-08-01 2 REMEMBER the indignant story about an SLA hostess wannabe who was supposedly rejected because of her less-than-flawless complexion? A BT journalist recalled the tale when commenting on her friend's nicely manicured toenails. The friend, an SLA air hostess, said: "It became compulsory to paint them after62 words
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Article86 2000-08-01 2 ABOUT a year ago, everybody was rushing to include such words as cyber, net or dotcom in their company names. But that seems to be going out of style rapidly these days—at least, according to a technopreneur who spoke to BT recently. While expressing86 words
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Article, Illustration784 2000-08-01 2 Kalpana Rashiwala - Group's patience in sitting ont DP issue on Changi, Pasir Ris landbanks pays off handsomely By Kalpana Rashiwala [SINGAPORE] The Hong Leong Group, including its listed City Developments, could save well over $300 million in differential premium (DP) charges for its massive784 words
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Page 2 Advertisements
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Advertisement306 2000-08-01 2 FOOD/ ENTERTAINMENT The Straits Times Classified. Classifications 5 36. Buy ft. Sdl It. Fktd It The Hull MBA OF HuLL MBA (General Management) "Ranked Among MBA (Financial Management) I "K"™ (SMe J I Universities, 1999" MBA (Travel Tourism) UNIVERSITY OF SOUTH AUSTRALIA "Ranked Among Australia's Best Universities" PhD MA/BA Doctor306 words
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Advertisement21 2000-08-01 2 Classified First. Wart a home with a sea view? Or simply seeking a new nest? Check The Straits Times Classified First.21 words
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EXECUTIVE pay
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Article, Illustration481 2000-08-01 3 Serena Ng - ilexclusive Survey finds options give private sector an edge over government By Serena Ng [SINGAPORE] PRIVATE companies still have an edge over the public sector in attracting and retaining talent, recruitment company Mercer Executive Resources Consulting has found. Although public sector pay is481 words
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Page 3 Advertisements
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Advertisement275 2000-08-01 3 I V- -Aft 1 4 j"* JA*ic w v\ xw. IB \lz~ "-i'' --w >V *T 3 f ufe IfS^ 3 > Now, you can monitor all your stocks around the world from just about any location you like. With Yahoo! Singapore Finance, you can create a portfolio to do275 words
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DBSL-PIDEMCO merger
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Article, Illustration557 2000-08-01 4 Andrea Tan - Ed Ng to be merged unit's CEO of commercial, fond management By Andrea Tan LIEW Mun Leong, president and chief executive of the proposed merged Pidemco, yesterday unveiled his management line-up. Incumbent DBS Land president Ed Ng will be CEO of the557 words
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Article826 2000-08-01 4 PAUL THOMPSON - DBS Land is a good companion for Pidemco, says PAUL THOMPSON PAUL THOMPSON LAST night's presentation to the media and analysts revealed what the bigger picture would look like when Pidemco and DBS Land come together as one entity. The merged group will boast826 words
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Article641 2000-08-01 4 jaime ee - CORPORATEirciffiga jaime ee QUESTION: How many parts make a whole? Answer: Don't ask the folk who put together Pidemco and DBS Land's joint half-yearly results presentation yesterday at the Raffles Hotel. It was a little worrying when Ed Ng, DBS Land's president and group CEO warned: "It's going641 words
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Page 4 Advertisements
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Advertisement138 2000-08-01 4 mmi Fil The S9OQI 's forged soft iron head provides maximum forgiveness for off-centre shots and produces a strong trajectory by resisting hooking and ballooning up. At the same time, its graphite shaft ensures a smooth consistent back-swing and controlled follow-through. Get the S2OOl today and get off to a138 words
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Advertisement10 2000-08-01 4 Full listing of Pidemco, DBS Land assets on Pg 510 words
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SINGAPORE comapnies
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Article400 2000-08-01 5 DBS Land's assets PROPERTY GFA/NLA VALUATION (sqm) NAM Of PROPERTY Office Adetphi 233.000 20,596 Robinson Point 193,000 12,344 6 Battery Rd 835,000 44,845 55,57 59 Neil Rd 4,000 781 11 Beach Rd 32,500 3,184 High Street Centre #22-10 760 73 Peninsula Plaza #02-07 500 32 Peninsula Plaza #03-09400 words
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483 2000-08-01 5 Conrad Raj - KHZ, SembCorp Marine see it as the way to fight stiff competition from Middle East, China By Conrad Raj THE merger between Singapore's two biggest shiprepair groups Keppel Hitachi Zosen (KHZ) and SembCorp Marine may come sooner than most people think.483 words
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Article192 2000-08-01 5 Eugene Law - By Eugene Law SINGAPORE Food Industries (SFI) yesterday reported a 15.6 per cent rise in net profit to $11.5 million for the half-year to June 30. Higher contributions from overseas operations helped boost turnover 19.2 per cent to $172.4 million. Growth came mainly from192 words
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Article, Illustration613 2000-08-01 7 Siow Li Sen - $327.8b value a mere $0.4b off June figure; STI now 20% off Jan 3 high By\ Siow Li Sen JULY was a painfully slow month for stockbrokers, but stock values as a whole did not fare too badly. The capitalisation of the Singapore613 words
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472 2000-08-01 7 Eugene Low - They include top personnel from TCS and JTCman By Eugene Low THE newly formed broadcast subsidiary of Singapore Press Holdings yesterday announced several key management appointments to lead the publishing giant's charge into the air waves. SPH Media Works said Cheng Shoong Tat, a former472 words
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Article77 2000-08-01 7 IPCO International Ltd, posted a net profit of $3.9 million for the year ended April 2000, from a net loss of $40.7 million the previous year. Turnover dipped 5.6 per cent to $75.6 million, while extraordinary losses widened 95.1 per cent to $761,000. No dividend77 words
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313 2000-08-01 7 gnmnn 111 L mBEzgsr. M iocatm I NUMBER MCOLE PUCES <■- -MrnvSm coupon wiefest ofoaysof (excudng gross MATURITY YEAR (MSB) RATE AMOUNT PAYMENT ACCSUH) ACCRUED REDEMPTION (%PA) (ttO DATES MEREST KTEREST) f YB.O(*PA) 01/08/2000 N*****1V 1996 31/8 800.00 1/8 1/2 161 100.00313 words
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Article, Illustration255 2000-08-01 7 Bryan Lee - By Bryan Lee REED Group Holdings yesterday launched its initial public offer of SO million shares at 20 cents each, of which five million are reserved for Internet applications. The five-cent par value shares are priced at 74.1 times earnings for theTHOMAS WHITE/ST - 255 words
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666 2000-08-01 7 eddie toh - Tan Tan: a dawn clouded by uncertainty IVMII locksiew eddie toh TAN Tan Developments controlled by innovative developer Tan Chin Nam, who first introduced the condominium concept in Malaysia has unveiled a merger that will create a RM4.3 billion (551.96 billion) property group. In essence, Tan Tan will transfer all666 words
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3803 2000-08-01 8 CURR PREV RANK RANK COMPANY MKTCAP CHNG PRICE CHNG PE JUL 31 JUN30 (SSM) FROM JUL 311» FROM RATIO 2000 2000 JUNVOO (J) JUN 30'00 1 1 SingTel *****.6 -5.1 2.40 -5.1 19.9 2 2 DBS Grp *****.2 -5.9 20.90 -5.9 21.5 33,803 words
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Page 5 Advertisements
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Advertisement517 2000-08-01 5 uttf HSlfeMl t V- i'*% JI I 3^ ffifli B B HL %b' s -fEB B B < B M fl -g^ißfl fißf*' K-" I■ Take off from with JTC Industrial Land. Currently your business development in the environment it deserves. K^^k,^LWfll The sites are prepared with areas ranging from517 words
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SINGAPORE markets
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Article, Illustration524 2000-08-01 6 ven sreenivasan - 1< comment STOCKS ven sreenivasan AFTER starting nervously following last week's turbulence on Wall Street, the Singapore stock market recovered from morning lows yesterday to close in positive territory on selected bargain hunting. But sentiment remained cautious ahead of the release of524 words
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Article, Illustration184 2000-08-01 6 Ven Sreenivasan - WARRANT WATCH By Ven Sreenivasan KEPPEL Land warrants were the thirdbiggest percentage gainers yesterday, jumping 18.2 per cent or one cent to 6.5 cents. Trading was active with 375,000 units changing hands. Meanwhile, the underlying stock gained 13 cents or 5.8 per cent184 words
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Article, Illustration242 2000-08-01 6 Ven Sreenivasan - HOT STOCK By' Ven Sreenivasan DBS Land made a relatively rare appearance on the top gainers' list yesterday as it climbed 16 cents to $2.51. A total of 6.3 million shares changed hands, making it the 12th most active counter on the bourse. It242 words
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Article160 2000-08-01 6 ♦STRIKE Engineering announced it has acquired two ordinary shares of $1 each, being the entire issued share capital of Nete2 Asia Pte Ltd, for a total consideration of $2 on July 28. Nete2 was incorporated on June 13 with an authorised share capital of $100,000. It is engaged160 words
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Article, Illustration317 2000-08-01 6 larry wee - > comment CURRENCIES larry wee A MUCH stronger-than-expected advance reading for US second-quarter GDP figures last Friday boosted the US dollar in Asian trading yesterday, as fears of higher US interest rates resurfaced. Potentially wider interest differentials in favourSource: Reuters - 317 words
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Article481 2000-08-01 6 Stocks Volume SMRT10C 19,091,000 Osim 5c 14,673,000 Ionics P$1.00 13.433,000 TTInt 15c 10,398,000 Liang Huat 10c 9,882,000 IPC020C 8.443,000 Yongnam20c 7,720,000 ITech4c 7,663,000 Addva/Tech 2.5c 7,424,000 FHTK Hldgs 20c 6,773,000 Stocks Chart Semiconductor 26c 65,131,918 DBSGrp 58,671,288 SPH 44,577,973 ParificCentury 39,337,200 SIA 24,111,710 STAssembly 25c 18,969,540 NatElec 10c 18,739,395 VentureMfg25c481 words
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Page 6 Advertisements
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Advertisement124 2000-08-01 6 Only OneCourier lets you move someone else's shipment tFr^r changed. Permanently. With OneCourier.com. you can send a shipment, receive a shipment and you can also arrange a shipment between two other parties (try doing that with any other express delivery company). And you can do it all online. 24 hours124 words
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Advertisement46 2000-08-01 6 YOU CAN NOW PUT YOUR CPF SAVINGS IN EICHT. important All applications for units m eigm must be made on the application forms accompanying the prospectus investors must read the prospectus The value of the units and the income from them may fail as vvellasnse >I<l +<46 words
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Page 7 Advertisements
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Advertisement443 2000-08-01 7 Fall rankings on Pg 8 ADVERTISEMENT With continuous training, BASF is committed to brighter prospects tor employees. 11 Achieving ful potential through training and development. BASF is a transnational chemical BASF provides training programmes One important area of training in Asia company that is dedicated to as well as production-related443 words
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SINGAPORE news
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Article, Illustration433 2000-08-01 9 Bryan Lee - It wants to buy concrete, asphalt, quarry businesses, including those here By Bryan Lee UK-based building materials giant Hanson is going on a shopping spree for concrete, asphalt and quarry businesses, including companies in Singapore, to expand its Asia-Pacific operations. Its acquisitionARTHUR LEE - 433 words
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Article, Illustration378 2000-08-01 9 Ling Su Ann - I =1 on the economy bank loans By Ling Su Ann SINGAPORE bank lending grew for the second consecutive month to $150.25 billion in June, in line with analysts' expectations. Growth was fuelled by stronger demand for housing and consumer loans as well asSource: MAS - 378 words
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374 2000-08-01 9 Serena Ng - Total pool from depositors will determine the rate By I Serena Ng INTERNET bank finatiQ has launched a fixed-deposit product with interest rates determined by the total amount of deposits pooled by all its customers over twoweek periods. The standalone virtual bank374 words
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Article, Illustration443 2000-08-01 10 Andrew Wee - Jafco to raise tech component in its investments from the present 34%; Deutsche launches new fond By Andrew Wee SINGAPORE firms can seek backing from two foreign venture capital companies which yesterday announced plans to boost high-tech investments. Jafco Investment (Asia Pacific),SIEW YAW HOONG - 443 words
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328 2000-08-01 10 30% of S'pore&ns used Internet but only 5% of them bought online: study SINGAPORE ranked 17th in a 27-nation study of online shopping in Europe, North America and the Asia-Pacific. The study was based on more than 30.000 face-to-face and328 words
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246 2000-08-01 10 LYCOS Asia will partner Sing Tel Mobile to bring its Internet content to SingTel's 1.1 million mobile phone users in Singapore. The partnership is Lycos Asia's first regional tie-up with a cellular service provider since the launch of its trial Wireless Application Protocol246 words
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Article111 2000-08-01 10 In "George Yeo to lead TDB mission to Cambodia "(BT, July 28), we reported incorrectly that Silk Air's first direct flight to Siem Reap would carry a Trade Development Board mission on Nov 3. The mission is actuaUy visiting Cambodia from Aug 1 to Aug 4, and111 words
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302 2000-08-01 11 Ling Su Ann - Two-thirds of the amount, or $15m, came from parent EDB Investments By. Ling Su Ann EDB Investments has raised $25 million for its venture fund M-Commerce Ventures at the first closing. The investment arm of the Economic Development Board said yesterday it was confident302 words
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163 2000-08-01 11 US telecommunications giant AT&T announced yesterday that Star Hub will offer its international calling service AT&T DirectSM Service. The service will give visitors to Singapore the flexibility to phone the US and more than ISO other countries and have the calls charged to their163 words
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299 2000-08-01 11 Wong Kam Luen Singapore via Internet - Wong Kam Luen Singapore via Internet AS I see it, the impact of e-banking and e-trading on me is truly insignificant. Everyone involved in this exercise seems to forget: Why would I change from a system which I'm using now to299 words
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237 2000-08-01 11 Narayana Narayana Singapore via the Internet - Narayana Narayana Singapore via the Internet YOUR footnote to Mr Denis Distant's letter, "How fair is offer for CMB Asia?" (BT, July 27), setting out an extract from DBS Bank reveals the disturbing fact that minority shareholders in companies listed on SGX can no longer237 words
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267 2000-08-01 11 SMALL and medium enterprises need to catch up with their larger counterparts in employee training. SMEs had made progress during the past five years, Singapore National Employers Federation president Stephen Lee said yesterday. But some remained ignorant of the267 words
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Page 9 Advertisements
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Advertisement95 2000-08-01 9 I HOW WE SEE While others see you as an SME. we see you as a partner with the potential to grow. Strategise with a financial partner who can help those who dare to think big. Keppel Tat Lee Finance. We share your vision. Factoring Accounts Receivables Management Services Cash95 words
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Page 10 Advertisements
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Advertisement1202 2000-08-01 10 V N B Group Increase/ DBS LAND noc I AMn I IK/llTim W Basic earnings per ordinary share UDo LAND LIMI I tU (in cents) for the half year based on (Incorporated in the Republic of Singapore) Kg) 3.5 6.0 (41.7) (ii) 1(h) (8.9) 7.8 (214.1) The Board of Directors1,202 words
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Advertisement101 2000-08-01 10 We provide consultancy services on offshore structures, shelf companies and Incorporations In ALL jurisdictions Including British Virgin Islands Mauritius Cayman Islands Hongkong Bahamas Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialize in offshore trusts, offshore banks, and captive insurance companies for qualified applicants. For101 words
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Page 11 Advertisements
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Advertisement384 2000-08-01 11 Due to a change of business practice, our Jewellery Division will be closing down. All Jewellery MUST BE SOLD. BULK WHOLESALE JEWELLERY CLEARANCE All Jewellery will be laid out in bulk lots. Bidding will be placed on lot cards. Highest bid will secure. Bids offered for complete clearance sale will384 words
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FOCUS property
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Article, Illustration691 2000-08-01 12 lee han shih - I-i comment PROPERTY This is likely to be the result of the govt deciding to slash the differential premium lee han shih GET ready for a deluge of condominiums and houses in Singapore's outlying areas. The Law Ministry yesterday opened the floodgates ofFILE PHOTO - 691 words
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Page 12 Advertisements
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Advertisement518 2000-08-01 12 it! fflsr TUAS AVENUE 2 INDUSTRIAL BUILDING FOR SALE •Gross Area: Approx 171,862 sq. ft •Site Area Approx 191,600 sq. ft •Tenure: Expiry March 2055 Purpose-built part 1 part 3 storey factory with a 2 storey ancillary office block •Ideal for MNCs For enquiries, please contact Sole Marketing Agent M518 words
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Advertisement119 2000-08-01 12 LOGISTICS CENTRE FOR SALE Location Pioneer Sector vicinity Description A 3-storey warehouse building with a container depot with 4,200 TEU capacity Land Area Approx. 511,828 sq ft Built-in Area Approx. 352,779 sq ft Tenure JTC Leasehold 30+30 yrs wef Dec 1991 Please contact Sole Marketing Agent Industrial Department Bernard Goh119 words
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Advertisement516 2000-08-01 12 IKJ.MJIFELS Keppel FELS Energy Infrastructure Ltd (Incorporated in the Republic of Singapore) 1. UNAUDITED RESULTS FOR THE HALF YEAR ENDED 30 JUNE 2000 The Directors of Keppel FELS Energy Infrastructure Ltd advise the following unaudited results of the Company and of the Group for the half year ended 30 June516 words
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e-NEWS
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574 2000-08-01 13 MAINZ, Germany The licences are expected to generate 30b enros in revenue for the German govt Reuters GERMANY, Europe's largest telecoms market, yesterday kicked off its auction for third generation mobile phone licences, seen reaping about 30 billion euros (Ss4B billion) inReuters - 574 words
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eBriefs
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107 2000-08-01 13 AFX-Asia [TOKYO] Amazon.com Inc plans to start a business in Japan by year-end as part of its strategy to expand into the Asian region, the Nihon Keizai Shimbun reported. Amazon.com will open a call centre in Sapporo by the end of this year toAFX-Asia - 107 words
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108 2000-08-01 13 Bloomberg [SYDNEY] Liberty One Ltd said Jack Surdoval resigned as chief financial officer after the Australian Internet company cancelled plans to list on Nasdaq. Mr Surdoval was hired last November to oversee a listing on Nasdaq's National Market. Liberty One last week cancelled theBloomberg - 108 words
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105 2000-08-01 13 AFX-Asia [TOKYO] Internet Initiative Japan Inc will tie up with the Ayala group to develop e-commerce data centres in the Philippines, the Nihon Keizai Shimbun reported. Under the plan, the two will set up a local joint venture by late 2000 at theAFX-Asia - 105 words
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128 2000-08-01 13 AFX Asia [TOKYO] Mitsui and Co Ltd said it and NTT Communications Corp will launch a joint venture in September to provide online financial support services for business-to-business traders, confirming an earlier report. The venture will provide information on the credit standing of prospective buyers,AFX Asia - 128 words
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131 2000-08-01 13 AFP [DUBAI] Dubai announced on Sunday that it had engaged Germany's Siemens and Cisco Systems and Sun Microsystems of the United States to provide the technological infrastructure for the emirate's "Internet city", the official Warn news agency reported. Mohamed Gergawi, executive director ofAFP - 131 words
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227 2000-08-01 13 NEWYORK Reuters FORD Motor Co is expected to announce a joint venture with Qualcomm Inc to deliver wireless services to automobiles, including a mobilephone service, the Wall Street Journal reported in yesterday's electronic edition. The announcement would mark Ford's move into telematics services,Reuters - 227 words
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270 2000-08-01 13 LONDON Reuters THE climate for Internet retailers in Britain turned from chill to freeze yesterday after Clickmango.com said it was going out of business just three months after its launch. The online merchant of health and beauty products said business had been growing wellReuters - 270 words
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Article, Illustration49 2000-08-01 13 [PHILADELPHIA] David Bohrman, chief executive of Pseudo Programs, Inc, working on his Internet site from his company's box inside First Union Center on Saturday in Philadelphia. Several Internet companies would be represented at this year's Republican National Convention which was scheduled to begin yesterday. APAP - 49 words
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276 2000-08-01 13 Toh Han Shih - SINGAPORE 3rd Frontier to help HE firm offer online stock trading By Toh Han Shih SINGAPORE startup 3rd Frontier is supplying technology to Hongkong's Sun Hung Kai to enable it to offer Internet stock trading. While online stock trading already exists276 words
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Article109 2000-08-01 13 SANTA CLARA, California Bloomberg INTEL Corp unveiled faster Pentium 111 computer chips, regaining bragging rights to the speediest processor from rival Advanced Micro Devices. Intel released a 1.13-gigahertz Pentium in that sells for US$99O (551,713) each in quantities of 1,000. Its previous fastest Pentium 111 ranBloomberg - 109 words
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Page 13 Advertisements
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Advertisement324 2000-08-01 13 your PRESCRIPTION to Asia's Premiere Medical, Healthcare, Occupational Safety Health Showcase 29 to 31 August 2000 Singapore International Convention Exhibition Centre HOSPinAedica 4e?? s+H 2000 1 y M The Occupational Safety A A ■BlRtiiil™ Health Exhibition for Asia HOSPlMedica ASIA 2000 companies from 20 International Exhibition countries featuring the latest324 words
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EDITORIAL & opinion
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Article, Illustration783 2000-08-01 14 shoeb kagda - SiTm bottom line OPINION shoeb kagda The writer is BT's Jakarta correspondent IT IS shaping up to be a classic test of wills. Indonesia's once-powerful conglomerates are being pitted against a politician who in the past has publicly voiced his deep scorn for them.783 words
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Article109 2000-08-01 14 This is much worse than I thought and much worse than anyone thought Management had limited credibility before and they have no credibility today.' David Gironx an analyst, after Xerox Corp, the world's largest copier company, said second-quarter profit fell more than half on lower sales, and109 words
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Article646 2000-08-01 14 EDITORIAL LAST week's collapse of the Camp David peace talks between Israeli Prime Minister Ehud Barak and Palestinian President Yasser Arafat has created a sense of gloom and doom But is the Middle East really going to experience a new cycle of violence soon? At646 words
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Article, Illustration963 2000-08-01 14 US economists study effect of trading costs on patterns of trade and saving The Economist RARELY in academic economics does a research paper come along that credibly claims to offer a solution to one of the field's long-stand-ing puzzles. A paper thatThe Economist - 963 words
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Article, Illustration762 2000-08-01 14 Paul Krugman - COMMENTARY By Paul Krugman The writer is a professor of economics at MIT NYT NAPSTER'S big mistake, clearly, was basing itself in California. It should have operated out of Jersey. Not the homeland of Bruce Springsteen I mean old Jersey, the islandNYT - 762 words
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REGIONAL news
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475 2000-08-01 15 Eddie Toh - Govt expected to announce new investor, likely to be Qantas, this week: M'sian papers From] Eddie Toh m Kuala Lumpur MALAYSIAN tycoon Tajudin Ramli's Naluri Bhd is all set to sell a substantial stake in Malaysian Airline System, with Australia's Qantas475 words
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362 2000-08-01 15 BANGKOK Stocks traded on the SET fall 2.4%, with the Composite Index hitting a 21-month low AP, Reuters THAI stocks fell 2.4 per cent to a 21-month low yesterday as investors unloaded shares across the board despite good news on problem loansAP,; Reuters - 362 words
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Article, Illustration53 2000-08-01 15 [YOGYAKARTA] An Indonesian farmer harvesting padi yesterday in Yogyakarta, central Java. Indonesia's state commodity regulator Bulog said yesterday it would not sign any more rice import contracts this year due to a glut in domestic supplies. Indonesia is one of the biggest rice buyers in theREUTERS - 53 words
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172 2000-08-01 16 KUALA LUMPUR Bernama, AFX-Asia MALAYSIAN Resources Corporation Bhd (MRCB) posted a group pre-tax profit of RM400.000 (S$180,000) for the third quarter of the financial year ended May 31. It said comparative figures were not available. The publishing group posted an operating profit ofBernama,; AFX-Asia - 172 words
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Article93 2000-08-01 16 AP [KUALA LUMPUR] Foreign investor confidence in Malaysia's economy was rising and an inflow of RMIB billion (SsB.2 billion) this year proved that, Finance Minister Daim Zainuddin said yesterday. Malaysia's external reserves had risen to US$33.B billion (5558.6 bUlion) in July and was sufficient toAP - 93 words
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480 2000-08-01 16 Diana Oon Abdullah - It'll also move into power generation, buying a stake in Malakoff for RM744m From Diana Oon Abdullah m Kuala Lumpur MALAYSIA Mining Corporation Bhd (MMC) yesterday announced the sale of part of its stake in Australian diamond company480 words
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377 2000-08-01 16 JAKARTA AFX-Asia, AFP INDONESIA'S new letter of intent to the International Monetary Fund focuses on efforts to accelerate the Indonesian Bank Restructuring Agency's asset disposal programme. "Focus of the present LOI is accelerating Ibra's asset disposal," IMF senior deputy resident representative and chiefAFX-Asia,; AFP - 377 words
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307 2000-08-01 16 KUALA LUMPUR Reuters MALAYSIAN Finance Minister Daim Zainuddin said yesterday that recovery, spurred by domestic spending, was now broad-based but warned continued slow private investment could affect growth. "The economic growth is not only based on encouraging exports but is more broadbased and isReuters - 307 words
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Article, Illustration427 2000-08-01 16 Harish Mehta - BOT may intervene at close to 42 against US& analysts From Harish Mehta in Bangkok THE weakening baht, which plunged to a 10-month low yesterday, would not affect corporate debt because the bulk of it is long term, but itAP - 427 words
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Article, Illustration308 2000-08-01 17 AP [TAIPEI] Taiwan's new leader yesterday declared a war on official corruption by ordering investigators to reopen a probe into the island's biggest military scandal seven years ago. Chen Shui-bian, a former opposition lawmaker and Taipei mayor, was elected president in March, largely becauseAP; REUTERS - 308 words
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165 2000-08-01 17 TAIPEI Reuters TAIWAN Semiconductor Manufacturing Co's net profit in the first half of this year surged 133 per cent from a year earlier to NT523.6 billion (Ssl.3 billion), beating market expectations. The world's largest made-to-order foundry chipmaker said yesterday that second quarter net profitReuters - 165 words
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SINOBriefs
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76 2000-08-01 17 AFX-Asia [HONGKONG] China is planning to impose the same income tax rate on local and foreign companies, the Hong Kong Economic Journal reported, citing sources. The change will be part of a planned tax reform, involving business income, personal income, and consumption taxes, the reportAFX-Asia - 76 words
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Article72 2000-08-01 17 AFX-Asia [HONGKONG] China's state-owned enterprises (SOEs) posted combined losses of 46.3 billion yuan (559.6 billion) in the six months to June, down 6.1 per cent from a year earlier, the Xinhua news agency said. It quoted a report in the China Daily as sayingAFX-Asia - 72 words
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87 2000-08-01 17 AFX-Asia [TAIPEI] The Cabinet is considering getting property companies to issue land-backed securities in order to help revive the real estate market, the Economic Daily News reported. The securities involve the sale of stakes in land to investors. Premier Tang Fei is toAFX-Asia - 87 words
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109 2000-08-01 17 AP 1 [HONGKONG] Hongkong should hire professionals from the United States to help the territory's technological development, Nobel Prize laureate Yang Chen-ning said yesterday. The prominent US theoretical physicist told reporters during a Chinese physicists meeting in Hongkong that the territory, which isAP - 109 words
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Article, Illustration436 2000-08-01 17 Rajendra Bajpai - NEW DELHI BSE Index down 12% in 2 weeks on heavy foreign selling nation's reforms seen as too slow Byl Rajendra Bajpai INDIAN stock markets have taken a heavy beating in the past few weeks due mainly to heavy selling by foreign financial institutions, whichSource: Reuters - 436 words
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Advertisement203 2000-08-01 15 1 WI II Founded 1995 MH National University j| of Singapore LMjj PROFESSOR TSUI LAP-CHEE M Lee Kuan Yew Distinguished Visitor ffl g THE HUMAN GENOME PROJECT H WHERE DOES IT TAKE US TO? Jjg jjj Date Wednesday, 2 August 2000 EES 2 Time 6.00 pm H Venue Lim Seng203 words
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Advertisement12 2000-08-01 15 Profit margins seen hit as baht falls to 10-month low, Pg 1612 words
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Advertisement299 2000-08-01 16 \JU^U 1 Cafe You're flushed with cash and can't decide where to park your funds? fcv I i *smm Invest in fine wine and luscious food Only at Wall St. Cafe The word out in the street is great numbers. pricewse that is tmmrniyyp 'I I 1 1 11l jr.299 words
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Advertisement35 2000-08-01 16 CUSHMAN WAKEFIELD advised and represented W?wMM r -.^Bi uuNET rmm An Md World Com Company H ■SgsS|S::-v.. 11 in the leasing of its new corporate office Suntec City Tower TENANT REPRESENTATION SERVICES ASSET SERVICES www.cushwakeasia.com35 words
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Advertisement201 2000-08-01 17 TJi < "'I n ;:V Infinite Flexibility. You've got your business up and running and just about covered ecßeans™ Product Suite everything. Now, back to the drawing board. Because the worst scenario is somewhere down the road, your e-business hits a brickwall. Your e-business platform should not only be reliable,201 words
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WORLD news
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502 2000-08-01 18 TOKYO Furious demands from opposition for him to take blame for choice Reuters JAPANESE Prime Minister Yoshiro Mori apologised in Parliament yesterday for picking a scandaltainted lawmaker for a top Cabinet post in the face of furious demands from opposition members he take theReuters - 502 words
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256 2000-08-01 18 TOKYO Uncertainty comes ahead of another NTT shares sale FT INVESTMENT bankers in Tokyo are concerned that they may be forced to postpone upcoming initial public offerings following last week's disappointing debut of Lawson, the convenience store chain. Bankers saw the flotationFT - 256 words
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177 2000-08-01 18 LONDON Reuters BRITISH media group Pearson said yesterday it had made a US$2.5 billion (554.3 billion) agreed cash offer for US education services company National Computer Systems Inc (NCS) in a move to create the world's leading integrated education company. Pearson said itReuters - 177 words
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Article, Illustration409 2000-08-01 18 PEOPLE Talks with Commerzbank failed as they could not agree oa a concept that wffl satisfy all interests AFP [HAMBURG] Dresdner Bank, the third biggest bank in Germany, will be able to survive on its own following the collapse of tie-up talks with smallerAFP; AP - 409 words
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282 2000-08-01 18 LONDON FT A MERGER between BAE Systems and one of its big two US rivals, Boeing and Lockheed Martin, is "completely impossible" in the foreseeable future, according to Richard Evans, the UK defence and aerospace group's chairman. Mr Evans said in anFT - 282 words
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Article, Illustration855 2000-08-01 19 Quak Hiang Whai - Lower provisions, write-backs, recent acquisitions boost bottom line From< Quak Hiang Whai in Hongkong HSBC Holdings did not disappoint the market yesterday when it unveiled a 31 per cent rise in interim profit as the bank set aside less money for bad loansAFP - 855 words
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Article, Illustration353 2000-08-01 19 PHILADELPHIA Reuters REPUBLICAN George W Bush is leading Democrat A 1 Gore in the US presidential race by only four percentage points, according to a new Reuters/Zogby poll released yesterday. The poll of 1,004 likely voters conducted by pollster JohnReuters - 353 words
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WORLDWatch
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Article43 2000-08-01 19 Reuters [LONDON] Glaxo Wellcome pic shareholders yesterday backed the company's planned merger with SmithKline Beecham pic to form the world's largest drugs group by market share. SmithKline shareholders were expected to follow suit at a separate meeting later yesterday.Reuters - 43 words
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Article74 2000-08-01 19 Reuters [MUNICH] German luxury car maker BMW yesterday reported a 67 per cent rise in first-half net profit, at the upper end of market forecasts, in its first set of interim results since shedding its loss-making British unit Rover in May. Group netReuters - 74 words
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62 2000-08-01 19 Reuters [DANBURY, Connecticut] Union Carbide Corp, which is being acquired by Dow Chemical Co, said yesterday its second-quarter profits more than doubled, surpassing Wall Street estimates, despite rising costs for raw materials and energy. Union Carbide said net income jumped to US$l3O million (***** million),Reuters - 62 words
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304 2000-08-01 19 HONGKONG Reuters HANG Seng Bank Ltd yesterday said its net profit rose 21.9 per cent in the first half of 2000 on the back of higher fee income and sharply lower provisions for bad and doubtful debts. Hang Seng Bank, 62 per centReuters - 304 words
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Page 18 Advertisements
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Advertisement321 2000-08-01 18 NOTICE IS HEREBY GIVEN that I, TAN LEE HWEE, EMILY, of 485, Yio Chu Kang Road #01-04, Castle Green Singapore *****7, have applied for a Public House- Second Class Licence in respect of BILLY BOMBERS CLASSIC PTE LTD located at 160, ORCHARD ROAD #B 1-13 ORCHARD POINT, SINGAPORE *****2, and321 words
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Advertisement303 2000-08-01 18 notice NOTICE IS HEREBY GIVEN that, ICHONG YIK HWEE of 91LENGK0NG DUA Singapore *****8, have applied for a BEER HOUSE IST CLASS licence in respect of M/s LIGAO INTERNATIONAL PTE LTD located at 259 GEYLANG ROAD, Singapore *****5, and that this application will be considered by the Liquors Licensing Board303 words
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Advertisement400 2000-08-01 18 NOTICE IS HEREBY GIVEN that I, CHEN FARN TAT of Apt Blk 106 Simei Street 1 #03-812, Singapore *****6, have applied for a Beer House 1 st Class Licence in respect of SAN YUEN CORPORATION PTE LTD located at BLK 164 BUKIT MERAH CENTRAL #*****1, SINGAPORE *****4, and that this400 words
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Advertisement194 2000-08-01 18 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF MICRON SEMICONDUCTOR ASIA PACIFIC PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuont to Section 308 of the Companies Act, Cap 50. that a Final Meeting of the Members of194 words
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Advertisement110 2000-08-01 18 IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO AND IN THE MATTER OF KEAK SINGAPORE (PTE.) LTD. ON LIQUIDATION) NOTICE OF MEMBERS VOLUNTARY LIQUIDATION NOTICE IS HEREBY GIVEN that at an Extraordinary General Meeting of Members of the abovenamed company held on 25 July 2000 it was resolved that110 words
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Advertisement186 2000-08-01 18 la the Matter of PACIFIC SEA CRAFT (ASIA-PACIFIC) PTE LTD (la Bflnbtn' voluntary liquidationi Aad la the matter of Section 308 of the Companies Act (Cap SI) ADVERTISEMENT OF FINAL MRETINC. OF COMPANY NOTICE it given that pursuant to the Companies Act (Cap SO). Section 306. the Final meeting of186 words
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Advertisement55 2000-08-01 19 Looking Forward to Tomorrow A New Name A Fresh Focus •I I Htjc. Nomura/JAFCO Investment (Asia) Ltd is proud to announce our new name, JAFCO INVESTMENT (ASIA PACIFIC) LTD, in conjunction with the celebration of our 10th anniversary. We remain committed w* to building the businesses of dynamic W companies55 words
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FINANCE & commodities
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305 2000-08-01 20 Chan Yet San Refco Singapore - SOX Derivatives TradlnReports ST Index/MSCIS*por6 Index Chan Yet San Refco Singapore THE Singapore stock market inched higher yesterday in a very slow trading session. The Straits Times Index gained 0.6 per cent to 2,051.21 points. Within the index, 20 counters rose, 24 fell and305 words
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234 2000-08-01 20 Chan Yet San Refco Singapore - MS& Taiwan Index Chan Yet San Refco Singapore THE Taiwan stock market ended lower yesterday even with the threat of intervention from state funds. The MSCI Taiwan Index fell 0.38 per cent to 359.19 points. Trading volume within the index was 594.02 million shares234 words
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183 2000-08-01 20 ENERGY REPORT Reuters [LONDON] OU prices traded sideways yesterday, struggling for fresh momentum as traders awaited new developments to give the market direction. International benchmark Brent crude futures for September delivery were trading two US cents up at U5527.38 a barrel, drawingReuters - 183 words
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Article336 2000-08-01 20 Reuters liondon THE US dollar revisited 10week highs against the yen yesterday amid speculation that the Federal Reserve may have to raise interest rates as soon as August to cool the US economy's record-beating expansion. The impact of stronger-than-expected US second quarter growth figures released on Friday spilledReuters - 336 words
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Article, Illustration1185 2000-08-01 20 PTTERBAMM CROSS RATES 3 F* Dm MS Hit Npt« Yan Wo. tM M8Mib Hm SS la* Sir 1$ UK N— Australia 0.859 4127 0.690 4.130 1-231 4535 26.168 52.248 0.637 6.494 2.210 1.279 ***** 26.066 1008 4046 0.975 *.067 ***** 0388 0582 0733 4406 1433 76 30.448 60.794 0.741 7.5561,185 words
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Article1786 2000-08-01 20 SICOM FUTIIMBS Jul 31 RU8KB (Mam ctosmg at UOpM RSSICOIimCTOMfltjAfl) Ctos# Votam OpM Itoffc *M» Uw Sott (twm) tottmt Am 00 H3.50 StpOO H6.75 116.25 116.25 100 400 Oct 00 117.50 *0*00 118.75 8SS 3 CONTRACT (US catfi/hf) VoMm Open Mwtt *N* Uw Sott (towwi) Moroat AttqOO 65.00 1900 $M1,786 words
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STOCKS east asia
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Article, Illustration2780 2000-08-01 21 HONGKONG Reuters CI Han* Seng -342^5 HONGKONG stocks ended 2 per cent lower yesterday, pressured by share falls in the banking and technology sectors after unexpectedly strong US economic growth data renewed fears of interest rate rises. A late reboundReuters - 2,780 words
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Article, Illustration961 2000-08-01 21 Reuters n Shenzhen B Index +021 CHINA'S hard currency B shares closed up yesterday, buoyed by more domestic A shares recording closing highs due to interest in technology stocks and as companies were seen likely to restructure their assets. The Shanghai B Share Index gained 1.4 per cent toReuters; Source: Credit Lyonnsis Securities(Asia) Ltd - 961 words
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Article352 2000-08-01 21 AFP Qwr Index -29.01 TAIWAN share prices finished 0.4 per cent lower yesterday in lacklustre trade as government buying to support prices eased, dealers said. The Taiwan Stock Exchange Weighted Price Index slipped 29.01 points to 8,114.92, on turnover of NT550.85 billion. "Most investors were reluctant to trade sinceAFP - 352 words
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1982 2000-08-01 21 TOKYO Reuters Q Nikkei 225 -***** TOKYO stocks wilted yesterday as another sharp drop on the US Nasdaq market last Friday reinforced fears of a prolonged downturn in global technology stocks. Traders said the resignation of Japan's top banking regulator amid revelationsReuters - 1,982 words
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Page 21 Advertisements
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Advertisement7 2000-08-01 21 2 INTELLIGENCE CHANGES EVERYTHMG. THE BUSINESS TIMES7 words
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STOCKS klse
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Article, Illustration412 2000-08-01 22 AFP CI Composite Indei -0.26 MALAYSIAN shares ended fractionally lower yesterday but were off earlier lows foUowing late institutional support, dealers said. The Kuala Lumpur Stock Exchange Composite Index closed down 0.26 of a point at 798.83, offa low 0f784.95. The Second BoardAFP - 412 words
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Article8123 2000-08-01 22 MOUSTMALS CoauMr protects 2000 Last Vol Day Mat Cap Mhh Low Company Sal* 'OOO High Law P/E SmN 420 310 Ajtnomoto 350 19.1 141.9 158 62 Angkasa 70 1 2 70 69.5 103-2 670 290 Apollo Food Hlg 460 -4 1 460 460 10.0 184.0 3350 2700 BAT 50c 32508,123 words
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Page 22 Advertisements
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Advertisement15 2000-08-01 22 A EBusiness Times weekly 011 homes and offices every Thursday Til i:Hi si xkssTim i;s15 words
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SGX clob & regional stocks
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Article2633 2000-08-01 23 BOWPS A WARRANTS M3I sr- a ns jf i s 51.5 16 s Acma W*****4 MS -O 5 in 16 5 ui M u< 38 7 J T "1 165 17 *2 *K 1 31 24.5 s Amtak W*****0 J* -05 31 26 26 26 28 ,1 2i® J '°02,633 words
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Article, Illustration769 2000-08-01 23 AFP □seriate -433 THE Thai stock market slipped 2.4 per cent yesterday, continuing its rapid decline, in line with lower regional markets and due to continuing weakness in the baht. Selling across the board also stemmed from fears of US interest rate hikes after the release last week ofAFP - 769 words
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Article275 2000-08-01 23 AFP Q Composite Index -19.91 PHILIPPINE share prices fell 1.4 per cent yesterday on concern that weak second quarter corporate results foreshadowed a possible economic slowdown. The Composite Index fell 19.91 points to 1,417.17. Turnover amounted to 1.37 billion pesos. —AFP rwn MRC Allied 0.50 unch 0 Abacus ConstructionAFP - 275 words
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Article, Illustration682 2000-08-01 23 AFP Q Composite Index -6.61 INDONESIAN share prices closed 1.3 per cent lower yesterday amid cautious sentiment ahead of next week's annual session of the People's Consultative Assembly (MPR), dealers said. Bakrie Securities dealer Denny Riyadi said market sentiment was quite negative, mainly due to a lack of clearAFP - 682 words
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Article274 2000-08-01 23 AFP Q SET Index -9.35 NEW Zealand share prices finished 0.4 per cent lower yesterday, following falls in US markets last Friday, dealers said. The benchmark NZSE-40 Capital Index closed down 9.35 points at 2,103.88 on turnover of NZ$lO4 million. Mm y- rw» Adventage MOS 2.57 -0.03 164 AirAFP - 274 words
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Article555 2000-08-01 23 AFP PMOrfflniries -140 AUSTRALIAN share prices ended slightly weaker yesterday despite a strong recovery after technology stocks led the market down early in the session, brokers said. The All Ordinaries Index finished 3.40 points lower at 3,215.70, while the SP/ASX 200 fell 1.6 points to 3,253.4. Turnover totalled 530.76AFP - 555 words
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Article302 2000-08-01 23 AFP Q Composite Index +1&32 SOUTH Korea's Composite Index yesterday closed up 13.32 points at 705.97. Volume was 218 million shares worth 1.6 trillion won. AFP MX «fArwm Sktw ***** 450 Br Mn Tocli TVS -5 Central Bank 610 -5 ChtflComm *****0 1500 Dm Gu Bank 2100 -10 OwsanqAFP - 302 words
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Page 23 Advertisements
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Advertisement13 2000-08-01 23 sometimes m knocks. For 85 cents, we'll slip it quietly under your door.13 words
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Page 24 Advertisements
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Advertisement331 2000-08-01 24 B r*ljr^% ,>" 4±JmKr^' -i: *rifV* i/ t^«J& li<43?-<t6 v "> XT\.*r!«^ r '•'•iS l !£foih£ r I *s 'T'-' i;> -*<f^-^ >~.'1 v 1 |r "Hr lw& •-> t vi^jfc*" 1 •>-., Br ■S!@v > v Xh.4. -v MSil M& ■3» te v OJ V i 1 m 'V331 words
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Article9178 2000-08-01 25 SGXMAINBOARD Transaction date: Jul 31 Cr Gr M Wt 32-Wk List VoI Day Last Quote Dtv CM* YM Net Cap Ayg ►**♦> Low Company Sato COOP) Hmi Law Buyr »*fc C yr H P/t Smil Price MULTHNOUSTIY 163 KJI m c Ac ma 50c 115 -1 71 US9,178 words
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Page 25 Advertisements
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Advertisement19 2000-08-01 25 BTfaylslHTn VII I A I [J •1V Kj I II 1 I I h f»T|T» TheßusinessTimes INTELLIGENCE CHANGES EVERYTHING.19 words
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KNOWLEDGE economy
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Article, Illustration1291 2000-08-01 26 KENNETH LEE - A new educational paradigm is needed for tertiary institutions to catch up in the New Economy, Wharton's Prof Wind tells m""™ me KENNETH LEE THE world of academia is lagging the corporate world in its response to the New Economy, says Yoram (Jerry) Wind, professor ofAP - 1,291 words
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Page 26 Advertisements
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Advertisement126 2000-08-01 26 STATE OF THE MARKET NIGHT OWL BROKER DIRECT IPO WATCH STREET BUZZ BREAKOUT ECONOMIC FLASH BH HUB HHH ■BB^^^Ba www.asiaxis.com provides objective, unbiased and insightful financial news and information. We aim to deliver greater depth and insight to the avid investor. Our intuitive financial tools are designed to empower and126 words
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Advertisement46 2000-08-01 26 A MEETING B IJ j F GREAT MINDS 3k fr 12 1 StPTCMBER 2a jPifc I Singaporl Expo, Hall 4 YWVIYfcb m CONTRACT MANUFACTURING b PAVILION Din •£-PAVILION FACTORY AUTOMATION PAVILION O c; REGISTRATION FAX THIS TO (651 33a 246 O R REGISTER AT www.GLaBALTRaNtcB.caM.SG HS3yiBaUBHMUi£iaJHHI^^HHP46 words
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Advertisement223 2000-08-01 27 Where to wine, dine and mmSftZ Roti prata, sashimi, torn yam prawns, drunken chicken or New Zealand Outlands roast sirloin beef. You'll also stand a chance to win two air tickets and hotel stay to New Zealand. Japanese Buffet Lunch $23.90 (Adult), 40% discount (Child) Euro-Asian Buffet Dinner $24.90 (Adult),223 words
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Advertisement86 2000-08-01 27 &> mm HOTEL GRAND CENTRAL UMfTED I I 22 Orchard Road/Cavenagh Road, Singapore *****7 1 I Tat 737 9944 Ext 400/02 Fax: *****75 T^A rt TtpfMnyiki txfitxUnct at tfu. lamt team of fixoftaionatget jL/ tocjttfitx ones again continue, out v'Je/\ TT> ifltciai lefaiionifiip [RESTAURANT I CHIDOKI with you. 1 We86 words
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Advertisement91 2000-08-01 27 pi t .—Come ccicbrate our 29th birthday and enjoy our [T_ award-winning Mandarin ,y Chicken Rice at only hislo+++ from 11:30 am to 1 (H)opm For enquiry, please call website kttp://www.mandarinWjtK^SSmJGUST2OOO ym» c^' 3)3 Orchjrd Raid. S. rW ore *****7 Fax:732 236) depend on predictions. i Advertise in Wine, Dine91 words
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Page 27 Miscellaneous
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Miscellaneous808 2000-08-01 27 Oantral Wheel Of Fortune. SJO Love At Last. night H" 0 Kt Ccntra,:Sesa 22S ffih! y {S„«e tS a,ch 10.00 The Adventures of Pad- Ltd PM TV Innovations. LO2 Business Tonight (r). dington Bear. &30 Spin k'2S «r H ra V» 1-30 Inside Story (r). 10-30 Tweenies 9 .00 That808 words
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Miscellaneous251 2000-08-01 27 C'KVFTIC CROSSWORD ACROSS 5 Jolly underwater blue (10) 1 Butterfly's shock, given run of Modem auto dept refurbished bad luck (10) (2-2-4) 6 Common curse of copper join- 8 Shrill-sounding, like a bam owl ing ship (4) (8) 9 Catching toucans, Igo crazy 11 He analyses the writer's work (10)251 words
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Page 28 Advertisements
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Advertisement1842 2000-08-01 28 ADVERTISEMENT You Can Have A Winning Investment Strategy fc Successful investors around the world are increasingly Your multi asset portfolio should be globally diversified. Multi-Style Multi-Manaaer a I" 9 r T LT MAN h A f R MU T STYLE MULT| M3rke,S in differeM regions and countries can perform Fund1,842 words
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SHIPPPING TIMES
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Article265 2000-08-01 29 Reuters THE Baltic Dry Index (BDI) rose six points to 1,634, the Baltic Handy Index firmed two points to 1,122 and the Baltic Capesize Index climbed 16 points to 2,184 points, while the Baltic Panamax Index fell two points to 1,605. At 1405 GMT, Biffex was 41 pointsReuters - 265 words
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Article288 2000-08-01 29 MX '000 Mil a m CWT Distribution 0.77 -0.01 4 Chuan Hup 0.40 -0.01 369 Cosco Invastmant 0.20 -0.01 199 Freight Links 0.20 unch 241 Ca HokHnqj 0.69 unch 0 Kai Sun Hup 0.37 -0.01 210 IMC HoMlngs-HK 5.60 unch 0 Jay* Holdings 0.17 unch 332 KappaiCorp 3.84288 words
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Article, Illustration559 2000-08-01 29 Donald Urquhart - Initiative launched to assist developing countries reduce transfer of harmful marine organisms By] Donald Urquhart [SINGAPORE] A United Nations (UN) task force met recently in London to launch a new initiative the Global Ballast Water Management Programme, or Gloßallast in a bid559 words
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505 2000-08-01 29 Record volumes as Asia, US economies continue to grow strongly AP [LOS ANGELES] Boosted by a welcome jump in US exports, surging Pacific Rim trade has pushed cargo volume to record levels at the ports of Los Angeles and Long Beach, theAP - 505 words
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104 2000-08-01 29 Xinhua [BEIJING] China's two top shipping companies, China Ocean Shipping Corporation (Cosco) and China Shipping Corporation (CSCO), reported stable growth in the first half of the year, according to the China Shipping Weekly. Cosco's shipping volume topped 76 million tons, up 14.2 per centXinhua - 104 words
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279 2000-08-01 29 Donald Urquhart - By. Donald Urquhart [SINGAPORE] The Port of Tanjung Pelepas (PTP) handled a total of 48,668 TEUs (20ft equivalent units) in the first six months, according to figures released by the Malaysian port. Although the port's first quarter (Ql) throughput of 29,747 TEUs279 words
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161 2000-08-01 29 Bloomberg [HONGKONG] Rail giant CSX Corp said its Hongkong container terminal operation had set a productivity record for handling the largest-ever volume of containers at a single berth in one week. Sea-Land Orient Terminals Ltd (SLOT), the local operation of CSX World Terminals whichBloomberg - 161 words
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SHIPPING news
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Article, Illustration688 2000-08-01 30 David Hughes - DOCKYARD By David Hughes EVERY year, the Londonbased Salvage Association (SA) presents its annual report. Every year, many of the same causes of accidents and damage are reported. The SA's report deserves to be read by all those involved inFILE PHOTO - 688 words
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274 2000-08-01 30 AFP [KUALA LUMPUR) Piracy attacks on the international high seas rose slightly to 161 from January to June this year, with Indonesia topping the list as most dangerous, officials said Friday. "Ships calling at the Indonesian ports of Belawan. Jakarta. Merak, SamarindaAFP - 274 words
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Article179 2000-08-01 30 PAGE Djak Lloyd 8 ACL 6 Oongiwnu 3 ANL 3 E«strans 6 Accofd 8 ECl 4 Appenship 5 ECU Line 6 Assets 8 Evergreen 6 Austral 8 FoongSun 8 Balaji Shpq 5 7 BSA 7 G Link 4 B tang Mas 8 Gemartrans 6 CCNI 7 Hanqli179 words
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Article19672 2000-08-01 37 THEBUSINESSTIMES thebusinesstimes EXPORT ETA ETA Advertiser Vrssel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Destn Name Name Number Number SIN Destn Name None Number Number n/08 21/08 Evergreen FEIYUN ME 510 65 3921m To ABIDJAN (ABJ) 2003 Cot* D'lvolre n/oo 2t/08 ngpl fei vun he vsio19,672 words
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SHIPS IN PORT
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Article789 2000-08-01 41 Vessel Voy No Berth Arrival Departure -Umb Jaya Jut-01 31/07/7:50 31/07/23:00 Winstar 1 73SOO J03 3V07/810 31/07/23:59 Jin Hwei KH 97 J02 31/07/7:55 01/06/23:00 BayswatertlB M0W7 J03 31/07/8:50 31/07/16:00 Ef 23 146 J02 31/07/9:05 3V07/17:30 Langmas 3 11/00 J03 31/07/1000 31/07/2200 Mjfcopoto 26 Jm0058 J17 31/07/9:40 01/08/6:30 Bt789 words
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Article1923 2000-08-01 41 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Balance Rstls Ship Voy No Etb/Btr Period From To From ACI DAHLIA 0241 I/2JOO II 30/BM 30/1*59 30/BM M 10/1700 31/0*59 3i/0«0 n M/Ino 31/0451 31/0900 1 31/0700 3VH59 31/1400 3V12M 31/1459 31/1700 ACI lA/fltS 040* 1/8 00 30/1500 30/IM1,923 words
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Article181 2000-08-01 41 Aug 0 Singapore: National Day. Aug 12 Thailand: HM The Queen's Birthday. Aug 15 Germany: Assumption Day. Korea: Liberation Day. Angl7 Indonesia: Independence Day. Ang 27 Philippines: National Heroes Day. Aug 28 United Kingdom: Summer Bank Holiday. Aug 31 Malaysia: National Day. Sep 12 Korea: Harvest Festival Day.181 words
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Article767 2000-08-01 41 THIS report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the mar ket. Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the767 words
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Article512 2000-08-01 41 Cvfcwi >80 Mm 990.8 0.4 18.1 0.06 79 0.04 M 27 Density Weter Residue Aih Aluminum Sediment No Wove E2S 0 0 i 0 0 0 J155" 380 Ave 967.0 0.4 13.9 0.06 36 0.02 Cum 380 Mm 993.9 t7 18.2 0.09 73 0.0S »M/M %M/M512 words
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AIR & LAND transport
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164 2000-08-01 42 [FARNBOROUGH, England] Aero-engine sales worth more than US$4 billion (556.96 billion) were announced last week at Britain's Farnborough air show, which also saw opportunities open up for billions more, a Reuters compilation of announcements shows. General Electric Co sold the most, boosted164 words
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Article86 2000-08-01 42 Bloomberg [ST PAUL, Minnesota] Northwest Airlines Corp, the fourth-largest US airline, will end daily flights between Detroit and Milan on Oct 28 because of low profitability, freeing planes for more flights to India. Northwest will keep offering connecting service on the Detroit-Milan route through ItalianBloomberg - 86 words
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Article, Illustration464 2000-08-01 42 BA aircraft forced to make emergency landing in Newfoundland AFP [MONTREAL] Passengers stranded when a British Airways (BA) Concorde aircraft was forced to make an emergency landing in Newfoundland, Canada, were awaiting the arrival of another aircraft early yesterday to complete theirAFP; CBC/RDI - 464 words
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508 2000-08-01 42 Bnt union says progress being made in talks with management Bloomberg [CHICAGO] UAL Corp's United Airlines pilots will trigger the strike process against the world's largest airline if negotiators fail to reach an agreement on a new contract by SeptBloomberg - 508 words
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Article, Illustration75 2000-08-01 42 [NORTH BAY, Ontario] Passengers and crew are helped off a United Airlines 747 after it made an emergency landing in North Bay, Ontario, Canada. The 747 aircraft was travelling from Hongkong to New York when the pilot alerted the airport in North Bay, about 320 km northAP - 75 words
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196 2000-08-01 42 Reuters [BEIJING] The parent of China's Beijing Capital International Airport Co Ltd is planning to merge with the operator of Tianjin's airport, a Civil Aviation Administration of China (CAAC) official said yesterday. The merger would create a group with 20 billion yuan (554.16Reuters - 196 words
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384 2000-08-01 42 AP [LITTLE ROCK, Arkansas] American Airlines sought court permission to sue the Federal Aviation Administration and the air-traffic controller on duty the night a plane fatally crashlanded in a thunderstorm at Little Rock National Airport. American claims the airAP - 384 words
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Article1984 2000-08-01 42 CITY FLIGHT ETA FUCHT ETD 0F6 1805 LH6373 2350 Abu Dtvab. GF249 0700 S07J83 2335 $026 2350 MataMt 8A7381 1930 BA7382 2055 SOW» 1530 SOWO WO OFSi 1930 QF82 2055 S0003 1M0 C2352 OMO AN8229 2230 CZ351 2045 S0804 1020 H58 2230 HMKri VN/S0741 1310 VH/S07401,984 words
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Advertisement286 2000-08-01 29 Adequate spares on ships should not be seen as optional Pg2 Indonesia No 1 on high seas danger list apg2 r Q f g q\|qj g Freightpac 2000 the complete web-enabled multi-currency backoff ice solution for Freight Forwarders V Operations Module Account! Module System Administration Module I Accounting documents for286 words
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Advertisement797 2000-08-01 30 l~ IMPORTi I 1 NORTH AMERICA f~j GULF/INDIA SUB-CONTINENT ISUPER SHUTTLE EXPRESS (SSX) GULF KARACHI EXPRESS (GKX) VOT IGO T" PKLANG VESSEI VOT MM MM KWT JEA IWDI CM IPKIANG pST* OOCI AMERICA 44W527 12/0/ 30/07 01/01 NYR VIRGO Mi 21/07 21/07 23/07 25/07 24/07 31/07 04/00 05/01 OOCL CALIFORNIA797 words
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Advertisement731 2000-08-01 30 Lines services represented by Members of tfie Registry of mm Accredited Shipping Agents, Singapore Shipping Association LILY UNE MALE ViSStl VOY ETA TTu ETA P. KLANG SPORE MALE Princess Lily VO5OO 06/08 10/08 17/08 Empress Lily VO7OO 24/08 26/08 03/09 Princess Lily V.0600 11/09 13/09 21/09 LILY MARINE SERVICES PTE731 words
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Advertisement6 2000-08-01 30 Members of the Singapore Logistics Association6 words
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Advertisement959 2000-08-01 31 SAX SERVICE (DIRECT) VBSB VOY SJN ETA LAX OAK DM HOU CH 001 MEM NYC AftTURQUOK 0351 26/07 10/08 IS/OS IS/OS 15/08 15/01 15/01 15/08 16/08 16/08 ATI SARDONYX 022 02/08 17/08 22/08 22/08 22/08 22/08 22/08 22/08 24/S 24/08 AFITOURMAUM 036f 09/08 24/08 29/08 29/08 29/08 29/08 29/08 29/08959 words
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Advertisement1676 2000-08-01 31 OHANJIN SHIPPING likFl 4 Its My* Lot -Mb *****30 HAMJIH SHIPPING (S) PTIITB ta* !/wm bap cam lOOWNG *****3 5 737 SAUS *****74 731 OOCUM£NT *****71 774 OPEIATKMS *****50 751 MAI* LINE *****55 FAX 5X1145 CI NO **********0 M TO NW USA A CANADA USA fAMAINV "rovsTTvoi mm sm umhau/voy1,676 words
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Advertisement255 2000-08-01 31 ACCEPTING LCL CARGOES TO JAPAN, CHINA, KOREA AND HONG KONG FOR ENQUIRIES, PLEASE CALL 220-8558 SlMlltft Attßfs: oj. vt i a h.4 b Ulootoo |ia ftkd MaAara SUpptof A|aacias Pit 111 *****51 *03-7677 «»7|F.i) Ml *****533 hi": HO4IU/***** IS Faaafca JarAiaa Skl, f la f *««a<i«« SAa 6M L f«aa,:(Wl255 words
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Page 32 Advertisements
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Advertisement1643 2000-08-01 32 SENATOR LINES TO UK/CONTINENT TO MEDITERRANEAN/C ANAD A WW MW LEH IW W Ml w M 1 vessel Ivor SM sit spe fOS W.C *rnT CHOYANG MM 001SW UK 11H 20 00 Hi 22 00 9* 24 88 MNSMM 0030W 03 OS 20 08 22 OS HAMJM SINGAPORE 0050W 041,643 words
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Advertisement1024 2000-08-01 32 ■LAS MAC-NELS S'PORE M'SIA I *»K» A -I CMTtofJ MN CONTR LINES, INC P. GUOANG: (07) *****26 l-lvy J NO. ISOOmoOOOE SIBU: (084) *****8 MANILA: (632) *****24 PENANG: (04) *****36 BANGKOK: (662) *****57 SURABAYA: (31) *****11 P- KELANG: (03) *****77 JKT: (21) *****45 KUCHXG (082) *****1-3 BUENOS AIRES/SANTOS MV "EVER1,024 words
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Advertisement771 2000-08-01 32 s£f (If EXPRESS CONTAINER FEEDER FOR N SHEVA (CFS MULUNO. MUMBAi. COLOMBO ALSO ACCEPTING TO ALL NORTHERN AND WESTERN I C O POINTS Vernl S PORE N SHEVA COLOMBO P KLANG CAPE CREUS V 11OW 06 AUG 15 AUG 19 AUG 25 AUG CAPE CANAVERAL VI27W 13 AUG 22 AUG771 words
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Advertisement1740 2000-08-01 33 OVESSEI VOY HKO KHH I SIN I PKL PXB lA* DMM OIK IRAN TABATABAEI PCL-165 27/07 29/07 03/08 04/00 12/08 13/08 15/08 17/08 IRAN ISFAHAN PCI-166 03/08 05/08 10/08 11/00 19/08 20/08 22/08 24/08 IRAN BAAKERI PCL-167 10/08 12/08 17/08 10/08 26/00 27/00 29/00 31/00 IRAN HESABI PCI-168 17/00 19/081,740 words
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Advertisement1188 2000-08-01 33 )mm 1 HI M M rmumhi > I ■■K xuumii > I M R M,NS<WR[> 11L 226 1900 S, o u ?f,?.?.!!iffJ N6 m ITD #,2 SALES/RKGS *****57/43 INWARD DEPT (D/ 0) *****86 COSTAR AGENCIES (M) SDN BND [CR WO: *****89Q000M SINGAPORE *****8 CONVENTIONAL *****01/S5O T/SHfMT DEPT *****25 TEL 02-07-351,188 words
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Advertisement1167 2000-08-01 33 EUROPE EXPRESS SERVICE EXPORT IMPORT vtssa |wt Jawlumln» 1 am 1 nam onv Irx yum vqy rtm ham fu hh m ss> sb wtmM mm m m-m m -w-n-wk ss?» sir as 8« ii Slfii sIL*. :a M aai MHEvaKimtiß'lira Is KgnwmMßnn WIMDMHH fumyf EXPORT IMPORT vissa VOT SM IGI1,167 words
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Advertisement595 2000-08-01 34 ■uaow/UK/scAWP>*AviA/nNuwp/nwiu satvias EXPORT vessel/voyage Isgp Irdm hw n* zii a*w lhv~ E. DELUXE RW-014 W 24/ 08 26,08 2|/0I 29. W 31/0® X/W LDEU6HT RW-014 )2A» 31/W 02/W 04/W 05/09. 07/ M 06/ 09 L OUDENRW-012 19/W I 07/W W/W 11/W 12/W 15/W 13/W ALSO ACCEPT** CARGO TO ANO FROM:-595 words
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Advertisement400 2000-08-01 34 AMAMAM WMiAH OIAMNDIAN X CONIXNT SWVIO IXfpRT VESSEL VOYAGE SGP CM DM MA AMJ DMN IAM KM NXV XIANGHE 01SW 04/08 15/ M 16/08 11/08 UNASPIK 0624 074* 07/ M 11/ M 16/08 17/ M 11/ M UN ANGEL 0137 -076W 08/08 12/W 11/W 11/W- 11/ M 13/W UNGHE OI6DW400 words
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Advertisement997 2000-08-01 34 nrP ADVANCE CONTAINER LINES (PTE) LTD ttlj L- TEL: *****21. FAX *****19. TEL£X RS ***** ACLPL CR NO **********0E FOW BOOKINGS PUASf CAli: 27X3277 SAiiS A MARKETING ■AHCKOK JAKARTA (7 U.i Mf sA»Nii) _>«» _VOY SM kk —iS r^NTABKJM I PAT I JO7N_ 2/8 WW. _AJ SINAR BATAM ILfTCI) 057997 words
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Advertisement405 2000-08-01 34 IJNI SO TELOK BLANGAH ROAD *02-02 CITIPORT CENTRE S PORE MB TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR NO. **********0W VBSa VOI fTA ETD QESTtMTDN NABUKWA 32?000 ffHEHM) EW2BOD PMBBANG"MUNTOM l n. MUM KAGUR ***** C OM£?MO OMETOOO PONTWMK UMMUI OWOM OME2OU IMR2OOC PONTMNAK For enquiries and405 words
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Advertisement491 2000-08-01 35 i BSA a, mm. MYANMA pBBk FIVE STAR LINE (Myanmar National Line) Loading for Yongon VESSEL VOY UN PKL P(N PGU MAWUMYME WW SU) SAGAJNG ttW SID MALAYSIA AGENTS: I0USTIAI) SHIPPING AGENCIES KUL m 03-*****00 PKL: TEL 03-*****101 PEN: TH 04-*****02 PGU: HI 07-*****21/4 BANK LINE (A service of Amlrtw491 words
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Advertisement1375 2000-08-01 35 HYUNDAI MERCHANT MARINE CO., LTD. IVESSB VOY ISM I SOU IfH RTM ANT HAM BRV I VESSa VOY I SOU LBI I RTM ANT HAM BRV |SM APICYPRME 019W 01/01 02/01 17/01 18/(8 20/08 IRHME 5341 14/07 15/07 "71/07 01/08 NOLAMAZOMTE 030W 03/08 21/08 26/08 23/08 24/08 WY COMMOOORE 32611,375 words
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Advertisement747 2000-08-01 35 vOOv WALLENIUS WILHELMSEN TO NORTH AND lATIN AMERICA 'CAR RORO HEAVYUFT SERVICE' I VESStI [vor RAMP HEIGHT SIN LK MAO MIA SAV BAI 0«F NYC NEW MOI iTAMPERE AHOI6 400 Tom *6.3 M 11/01 09/09 17/09 25/M"ITToT WiF OSTTO" TEXAS AHOI7 400 Tom 6.3 M 28/08 25/09 03/10 06/10 25/10747 words
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Advertisement451 2000-08-01 36 GGB®3 saasia RCL'S STEAMING INTO CHINA FRONTIERS, PEARL RIVER DEITA PORTS VIA HONGKONG AND /i\ Apbk YANGTZE RIVER PORTS VIA SHANGHAI. GANTA BHUM maiden voyage ETA SINGAPORE 11TH AUGUST 2000 CALLING HONGKONG, SHANGHAI AND QINGDAO A/ICCORD SHIPPING PTE LTD 20 TOH GUAN ROAD #08-01 SINGAPORE *****9 TEL *****15 (40 UNES)451 words
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Advertisement386 2000-08-01 36 INDONESIA NATIONAL LINE TO AUSTRALIA H FULL COWIMHER SERVICE _wr m m re m stp m m m Ire mnan m i\/vt\/u v/m u/h is/m um mmauD HT om mm ii/m 5/» n/m MSUMI ~~*T ISm |*/W n/ii ~a/i» wm as njin/M oi/wc/wm/w ~j>/w1" FEEDER SERVICE TO INDONESIA VOT munm386 words
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Advertisement441 2000-08-01 36 I VESSELS VOY PKL I JED I MLA LEH RTM HAM ZEE SOT W-LEOEVWQO S36W 01/08 02/06 10*06 15*36 21/06 23/06 24/08 26/06 27/08 SAUDI JEDDAH N3BW 08/06 00/08 18/06 22/06 27/06 29/06 30/08 01/06 02/00 SAUP JUBAJL ~H3BW 14/08 "OT ~29/08 ~05E5 06/06~ 06/09 tefo SAUDI YANBU Y3BW 21/08441 words
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Advertisement11 2000-08-01 37 I STB Port of Tanjung PeJepas RELIABLE EFFICIENT ADVANCED miRWPVRHWHHHHHIH j11 words
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Advertisement53 2000-08-01 39 I Shantou, Dongshan, STL CONTAINER LINE ZhangZhou For Services To Vietnam Calcutta Turn to p 3 Mon/Wed/Fri Pg 7 Worldgate Express Lines STANDARD SHIPPING Wallenius AGENCIES PTE LTD Wilhelmsen Offers Weekly FCL/LCL K1 Services To New Euro Pe T EAST MALAYSIA "'DDLEEAST 7 PORTS 5.5. ASIA service DETAILS Pg 853 words
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Page 41 Miscellaneous
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Miscellaneous133 2000-08-01 41 /J7 ggL FOR 7AM 1 AUG 2000 WBSL *1 j < (py legend Issued by Meteorological Service Singapore Thunderstorm Showers Rain Temperature Wind direction and speed in knots Cloudy Day Wea,her W Hdzy Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds133 words
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